Archive for March, 2010

Cosmopolitan Resort Project Literally Under Water

According to the reports, the projected cost of the Cosmopolitan Resort in Las Vegas is now around $3.9 billion, which makes the Cosmopolitan the costliest project ever in Las Vegas for a single lender.  The original concept for the Cosmopolitan includes a 75,000 square foot casino, a 1,800 seat theatre and a five-acre Cosmo Beach [...]

Low Gaming Revenue In Las Vegas Strip Despite More Visitors

This October, analysts may see a clearer picture with regards to revenues in Las Vegas as they will include numbers for a full month by which to compare performance against last year’s sudden collapse of the financial markets.  Two of the slowest business months for this year showed in the third quarter in Las Vegas, [...]

Home Prices Are More Competitive Due To Extended Tax Credit

Some areas in the US affected by the high foreclosure rates include Detroit, Las Vegas and California where the realtors have placed high discount rates on their asking prices.  The newly extended and expanded tax credit is raising the income limits for eligible buyers, which also includes existing homeowners.  With the said tax credit extension, [...]

Effect Of Industrial Crisis To The Housing Market

The recent unemployment level in Clark County has reached to the level of 13.9 percent in September, nearly doubling its amount compared to the previous year.  Based on the reports, the hardest hit was the construction industry, more particularly the residential construction, since it is one of the two main employment sectors in Las Vegas [...]

Attractive Mortgage Terms With A High Credit Score

If you have an impressive credit record, you may able to get attractive mortgage terms with a reasonable amount of arrears in relation to your income and the ability to fully document your income.  Another requirement can be easy for people who receives a regular wage and is employed with the same employer for more [...]

Constant Change In Home Sales And Prices In The US

Based on the reports, New Jersey has fallen by 12% from a year ago with regards to the median price of its home sales.  Home sales and prices in the US have erratically changed every month therefore making it hard to set statistics to its trend.  While in places like Virginia and Washington, the real [...]